I have had some more offsetting opportunities this morning, with GU's rocket ride. I now have 4 trades at -$140. The markets opened this week with me sitting on 8 of them, at just about -$1,000. Overall DD is down to -$450, down from $2,200 when the markets opened. It will be the mirror image of the position when the markets opened if I can get it down to $300 whilst I am watching. I will close everything then and bank the $2,200 profit. We shall see. This will only happen if AChf and GU continue to cooperate.cyberevil » Tue Apr 12, 2016 2:02 am wrote:That's not bad Steve! I have been able to manage DD by a lot of manual interventions or by closing baskets to offset pairs that were in DD for a week or so. Basically my idea is to keep the pairs that go in DD the opportunity to make profits on the next signals generated by hgi and the ea. I have noticed this brings the risk down and increases profits in the long term. I looked back in history to see that for most part if I keep pairs in DD and hope they'll come out BE or little profit in two weeks or more. I noticed ea misses on at least two or more good signal if I don't close DD pairs asap.
I will continue to work on strategies to make our DD problem manageable. I don't think we can get rid of it all together.
All this offsetting has released a lot of margin, so HGB can take more trades now.
Stop and Limit trading already has offsetting. I am going to add it to unhedged Stop only trading. It is a neat way of harvesting pips.